Category Markets

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Crude oil fell to 2-month low as supply concerns eased

Oil prices neared their lowest level in two months Monday as supply concerns eased. Meanwhile, concerns about China’s fuel demand and rising interest rates weighed on prices. Tight crude oil supplies in Europe have eased as refiners stockpiled ahead of…

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These economic data are important this week

Asia On Monday, the People’s Bank of China will announce the LPR (LPR). On Tuesday, South Korea will release its consumer confidence index for November. On Wednesday, South Korea will release its November business confidence report, and S&P Global will…

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Crude oil closes lower – down almost 10% this week

Crude oil futures closed Friday (Nov. 18) under pressure from concerns about oil demand due to a global economic slowdown and accelerated interest rate hikes by the U.S. Federal Reserve (Fed) to curb inflation. Oil prices were affected by the…

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